Dec 9, 2012 6:30pm PST
media consolidation in america." senate came on record. so why the obama administration is doing something that the bush administration failed to do is beyond my understanding. and we're going to do everything we can to prevent it from happening. >> you may remember that back in 2007, your then senatorial colleague, barack obama wrote a strong letter to the republican chairman of the fcc who wanted to change the rules, just like genachowski is doing now. and he condemned the very tactics that his own fcc chairman is employing today. >> absolutely. and we hope the president will get involved in this issue. so i don't-- to be honest with you, i don't know the internal dynamics of why what is happening is happening. i know you got a couple of republicans on the board, who are very sympathetic to moving forward toward more consolidation. but why genachowski is taking the position he is, i don't know. but i think it would be very helpful. and we will try to get the president to remember what he said four or five years ago. >> you said a moment ago that you recall these hearings that w
Dec 10, 2012 6:30pm PST
statement that now the u.s. is shifting back from the bush administration to obama. i think the same is true for the european union. >> your assessment has been pretty upbeat so far. i want to put this to you. at the top of the show, we said this is a day of celebration for the eu. no doubt about that. it also indicates it might be a day of celebration for the people of the eu, but i see no signs of those citizens cracky -- cracking open the champagne bottles today. >> it is unfortunate. we should see youngsters out there. we should see the you celebrating. i agree that it is unfortunate that we are not even able to celebrate what we have been living and experiencing for 60 years, which is prosperity and peace for everybody. i can berkeley understand that the current crisis destroys this -- i can understand that the current crisis destroys this. looking back, my family, many other families -- people had nothing to eat. they were freezing in the cold. just that should make it worth thinking back and open the bottles of champagne. >> thank you for those interesting, personal impression
Dec 12, 2012 7:00pm PST
of its international obligations. >> the obama administration is also alarmed that north korea is getting closer to its goal of developing a long range missile capable of carrying a nuclear warhead. >> what further steps could the americans take? >> the u.s. had an agreement to provide north korea with food aid. the deal fell apart in april when the north korean regime went what he had a satellite lunch but was widely regarded as another u.s. missile test. talks have been unsuccessful ever since. now there's no doubt that wednesday's launch has deepened that rift but the obama administration has few choices but to continue the dialogue with north korea while increasing pressure with sanctions. >>> insuring americans have stable prices and are employed, these are two goals of the chair of the u.s. reserve is charging ahead with. it seems like ben bernanke has specific numbers if mind. >> he does. he says he and his colleagues are not going to stop until they see the numbers become a reality. they will keep interest rates close to zero. that's until the unemployment rate falls to 6.
Dec 4, 2012 7:00pm PST
the u.s. budget talks. the obama administration and opposition republicans remain at odds over how to avert the falling off the fiscal cliff. let's take a look at currency markets. the dollar is also little change against the yen as u.s. budget talks continue. dollar/yen is in the upper 81 levels, 81.88 to 90. the euro, that is higher against the yen, 107.27 to 30 at the moment. worries are reseeding over eurozone debts. let's take a look at other markets in the apple open. kospi is trading flat on the day, 1,934. looking at australia, the benchmark index is trading higher by 1/10 of a percent, 4,508. modest moves so far this morning in the asia pacific. >>> japan and india launched a new framework to provide bilateral credit in u.s. dollars. the aim is to ease the impact of possible turmoil in the global financial markets on asia. the two countries worked out the details on tuesday. japan's prime minister and his indian counterpart had signed the currency agreement a year ago. under the framework both countries will be able to exchange up to $15 billion over the next three years. the